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HomeMy WebLinkAboutCC RESO 2021-144o 0 o RESOLUTION NO. 2021 - 144 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NATIONAL CITY, CALIFORNIA APPROVING AN AFFORDABLE HOUSING DENSITY BONUS AGREEMENT WITH CLARA FUTURA INVESTMENTS, LLC, FOR THE DEVELOPMENT OF 14 UNITS LOCATED AT 1924 HARDING AVENUE AND RESTRICTING THE RENT AND OCCUPANCY OF ONE (1) UNIT TO VERY LOW- INCOME HOUSEHOLDS IN EXCHANGE FOR A DENSITY BONUS PURSUANT TO CALIFORNIA GOVERNMENT CODE SECTIONS 65915 - 65918 WHEREAS, Clara Futura LLC ("Developer") wants to develop its property located at 1924 Harding Avenue, National City, California; and WHEREAS, the current zoning allows for the construction often (10) units by right; and WHEREAS, the Developer will restrict the rent and occupancy of one (1) unit to very low-income households (below fifty percent (50%) of area median income) in exchange for a density bonus of 35% and a deviation from front yard and street side yard setback requirements, a deviation from floor area ratio requirements, and a waiver from common open space requirements, mandated by the California Government Code Sections 65915 — 65918, which will allow the construction of an additional four (4) units for a total of 14 units on the property; and WHEREAS, the Affordable Density Housing Bonus Agreement ("Agreement') will serve to memorialize the Developer's obligation to provide the one (1) affordable unit and the restriction of the affordable unit by the recordation of this Agreement assuring affordability for a total of fifty-five (55) years; and WHEREAS, a Performance Deed of Trust will also be recorded to secure the Agreement on the property. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF NATIONAL CITY, CALIFORNIA, DOES RESOLVE, DECLARE, DETERMINE, AND ORDER AS FOLLOWS: Section 1: Approves an Affordable Housing Density Bonus Agreement with Clara Futura, LLC, restricting the rent and occupancy of one (1) unit to very low-income households in exchange for one density bonus pursuant to California Government Code Sections 65915 — 65918 for the development of fourteen (14) units located at 1924 Harding Avenue, in National City, California. Section 2: That the City of National City will record a Performance Deed of Trust securing the timely performance of the Affordable Housing Density Bonus Agreement, and after it is recorded in the County of San Diego, a copy of said Deed of Trust will be on file in the Office of the City Clerk. Hi 0 Resolution No. 2021 144 Page Two Section 3: The City Clerk shall certify the passage and adoption of this Resolution and enter it into the book of original Resolutions. PASSED and ADOPTED this 5th day of Octobe lejan' a ,Mayor ATTEST: Luz Molina, Ci r Clerk APPROVED AS TO FORM: A 0 Charles E. Bell Jr., City orney o Passed and adopted by the City Council of the City of National City, California, on October 5, 2021, by the following vote, to -wit: Ayes: Sotelo-Solis, Rodriguez, Bush, Morrison, Rios. Nays: None. Absent: None. Abstain: None. AUTHENTICATED BY: BY: ALEJANDRA SOTELO-SOLIS Mayor of the City of National City, California LUZ MOLINA City Clerk of the City of National City, California SeIIey Chapel, M y Deputy Clerk 1 HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of RESOLUTION NO. 2021-144 of the City of National City, California, passed and adopted by the City Council of said City on October 5, 2021. • Apt_ OP Luz Molina ` ity Clerk